On January 23, 2024, a magnitude 7.1 earthquake occurred in Wushi County, Aksu Prefecture, Xinjiang, China. The epicenter was located at the Maidan Fault, which is known for its left-lateral strike-slip and thrust characteristics within the Tianshan seismic zone. In this study, we used Interferometric Synthetic Aperture Radar (InSAR) and Global Navigation Satellite System (GNSS) observations to investigate the characteristics and mechanisms of both the coseismic and interseismic deformation. The main findings are as follows: 1) The InSAR coseismic deformation displays clear thrust characteristics, with a maximum relative displacement of ∼ 0.8 m along the line of sight, thereby indicating a thrust-type earthquake. 2) The majority of the slip during the earthquake occurred within a 60 km × 40 km area, with depths ranging from 4 to 26 km. The maximum slip of the fault was about 2.3 m, corresponding to a moment magnitude of 7.0. 3) The seismogenic faults primarily exhibit thrust-type movement characteristics during the interseismic period and possess a clearly defined locking state. The earthquake rupture depth aligns with the depth of locking during interseismic periods. 4) The seismogenic structure experienced compressive deformation in a north–south direction prior to the earthquake, with the epicenter located on the surroundings of the high-strain area, as indicated by the GNSS strain rate.